Meat Processing Facility Investment Tax Credit Program
The Meat Processing Facility Investment Tax Credit was enacted to stimulate investment in the meat processing industry in Missouri and to capture more value added agricultural inputs in the state. Meat processing facilities located in Missouri that construct, improve, or acquire buildings, facilities, or equipment used exclusively for meat processing after January 1, 2017 are eligible for a Missouri tax credit equal to 25% of the costs of the project. The total amount of tax credits that any taxpayer may claim shall not exceed $75,000 per year.
Full program guidelines and application form will be available in December, 2017
The Meat Processing Facility Investment Tax Credit Program is administered by the Missouri Agricultural and Small Business Development Authority (MASBDA) within the Missouri Department of Agriculture. For more information, please contact MASBDA at 573-751-2129 or email firstname.lastname@example.org.